Kulicke & Soffa's stock soared 7.74% during intraday trading on Thursday, extending its upward momentum from after-hours and pre-market sessions.
The surge follows the semiconductor equipment maker's release of its fiscal first-quarter 2026 financial results, which significantly exceeded analyst expectations. The company reported adjusted earnings per share of $0.44, beating the consensus estimate of $0.33, while revenue reached $199.6 million, also surpassing forecasts.
Furthermore, the company provided second-quarter guidance that was substantially above current analyst projections, forecasting revenue of approximately $230 million and adjusted EPS of around $0.67. This strong performance and optimistic outlook, attributed to strategic investments in key technology areas, have bolstered investor confidence and driven the stock's positive price action.